The Aeronautics division of Lockheed Martin Corporation (LMT) was awarded a $60 million modification to a previous contract to identify and execute cost savings for the F-35 program, according to the U.S. Department of Defense. "The original Blueprint for Affordability program has generated more than 200 projects resulting in more than $4 billion in projected savings for the life of the program," a Lockheed Martin spokesperson said in a prepared statement to the Dallas Business Journal.

“My education and experiences at Culverhouse have been an important part of my professional successes and my approach to business leadership,” said Hewson. Hewson, who is a graduate of the University of Alabama, met with groups that included students from the STEM and MBA programs. “The Marillyn A. Hewson Data Analytics Lab will serve as a premier research center for hands-on data and business analysis that will directly impact Alabama’s economic future and job creation and make the University a national leader on this critical business frontier,” said UA President Stuart R. Bell.